Report: SpainТs Inditex, owner of Zara, to return to Russia Ц CEO - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: SpainТs Inditex, owner of Zara, to return to Russia Ц CEO

MADRID, Apr 20 (PRIME) -- SpainТs clothes retailer Inditex, the company that owns brands like Zara and Bershka, plans to return to Russia as soon as possible, newswire EFE reported on Wednesday quoting Inditex CEO Oscar Garcia Maceiras.

Inditex is closely monitoring the situation with RussiaТs military operation in Ukraine, and will restart operations in Russia as soon as it becomes possible and as soon as the conditions allow them to do that, Maceiras said, as quoted by EFE.

Inditex owned 500 stores in Russia and employed more than 9,000 people. The company suspended operations in the country on March 5.

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20.04.2022 15:24
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